North Carolina

NH&RA members Bank of America Merrill Lynch and Barings partnered with Ally Financial to invest $70 million towards increasing affordable housing stock in the Charlotte, NC. The $70.75 million investment will go towards: $11 million for the newly proposed Housing Opportunity Investment Fund — a private sector fund that will oversee some of the affordable […]

The final 2019 Qualified Allocation Plan is now available on the North Carolina Housing website. The 2019 Housing Credit preliminary application is also now available.  The deadline for application submission is noon on January 18, 2019.

Housing was on the ballot in many communities last week.  Below are links to some notable highlights from around the country: San Francisco voters approved a tax on big business to fund permanent housing, emergency shelters and mental health services for the city’s homeless people. Economists said it would raise $250 million to $300 million.  Portland-area […]

The Second Draft 2019 Qualified Allocation Plan is now available on the Agency’s website. The following are the significant changes: 12.5% of total credits available will be added to the East region Counties in the East and Central regions that were declared federal disaster areas (Individual Assistance designation) under Hurricane Florence are eligible for a […]

Due to Hurricane Michael and its expected impact in our state tomorrow, we are again postponing the public hearing. Barring another natural disaster, the hearing is now scheduled for Thursday October 18, 2018 at 11 am at NCHFA’s office.  Unfortunately, anyone who had previously registered for the webinar will need to re-register at the link […]

The North Carolina Housing Finance Agency announced that its 2019 QAP public hearing has been rescheduled for October 11, 2018 at 11:00 a.m. at the Agency office. Anyone who has already registered for the webinar does not have to re-register. To register, click here: 2019 QAP Webinar Registration

The 2019 QAP Public Hearing has been rescheduled for October 11, 2018 at 11:00 am at NCHFA’s office (address below).  Anyone who has already registered for the webinar does not have to re-register.  Please use the link below for those wishing to register for the webinar. Thank you for understanding our need to reschedule the […]

Due to Hurricane Florence and its expected effect on our state, the public hearing scheduled for Tuesday Sept. 18 has been postponed.  NCHFA expects to announce the new public hearing shortly.  

Credits were awarded to 38 projects in 30 counties totaling 2,610 units.  Awards were also made to 10 tax-exempt bond projects totaling 1,412 units.

The budget includes $20 million non-recurring for the state’s Workforce Housing Loan Program, amongs other programs.

The North Carolina Housing Finance Agency recently released two studies, The Impact of the Low-Income Housing Tax Credit in North Carolina and The Low-Income Housing Tax Credit and Neighborhood Property Values in North Carolina.

Registration opens in July with a special early-bird rate.